Lesotho (LSO) and Germany (DEU) Trade | The Observatory of Economic Complexity

About

Lesotho-Germany Trade: In 2022, Lesotho exported $8.79M to Germany. The main products that Lesotho exported to Germany were Knit Women's Suits ($3.11M), Perfume Plants ($2.08M), and Dried Fruits ($906k). Over the past 5 years the exports of Lesotho to Germany have increased at an annualized rate of 4.84%, from $6.94M in 2017 to $8.79M in 2022.

In 2022, Lesotho did not export any services to Germany.

Germany-Lesotho Trade: In 2022, Germany exported $6.41M to Lesotho. The main products that Germany exported to Lesotho were Cars ($2.16M), Wheat ($1.66M), and Other Office Machines ($688k). Over the past 5 years the exports of Germany to Lesotho have increased at an annualized rate of 25.4%, from $2.07M in 2017 to $6.41M in 2022.

In 2022, Germany did not export any services to Lesotho.

Comparison In 2022, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index. That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $8.79M to Germany. The main products exported from Lesotho to Germany were Knit Women's Suits ($3.11M), Perfume Plants ($2.08M), and Dried Fruits ($906k). During the last 5 years the exports of Lesotho to Germany have increased at an annualized rate of 4.84%, from $6.94M in 2017 to $8.79M in 2022.

In 2017, Germany exported $6.41M to Lesotho. The main products exported from Germany to Lesotho were Cars ($2.16M), Wheat ($1.66M), and Other Office Machines ($688k). During the last 5 years the exports of Germany to Lesotho have increased at an annualized rate of 25.4%, from $2.07M in 2022 to $6.41M in 2017.

Exports from Lesotho () to Germany () (2022)

Exports from Germany () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Germany ()

Lesotho Exports

Date

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Germany
Top DestinationUnited States$153B

This map shows whether countries import more from Lesotho or Germany. Each country is colored based on the difference in imports they receive from Lesotho and Germany or the difference in the growth in imports.

In 2022, no countries were registered that imported more from Lesotho than from Germany.

In 2022, countries that imported more from Germany than Lesotho included United States ($153B), France ($120B), and China ($109B).

Difference in imports from Germany () and Lesotho () (2022)

Comparative Advantage Lesotho - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Lesotho and Germany by product, considering products traded by both, Lesotho and Germany.

During 2022, Lesotho had a large net trade with Germany in the exports of Vegetable Products ($4.52M), Textiles ($3.91M), and Machines ($368k).

During 2017, Germany had a large net trade with Lesotho in the exports of Transportation ($2.16M), Vegetable Products ($1.85M), and Machines ($1.43M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Germany+$1.07MLow-voltage Protection Equipment

Top Product Potential Germany Lesotho+$116kOther Measuring Instruments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Lesotho and Germany. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over Lesotho.

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Germany () (2022)

Exports from Germany () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Germany ()

Lesotho Exports

Germany Exports

Market Competitiveness

Difference in imports from Germany () and Lesotho () (2022)

Comparative Advantage Lesotho - Germany

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Lesotho () and Germany () (2022)

Keep Exploring